New Jersey Commercial Financing Bill (Pending)

At a glance

• Status: Bill introduced, not enacted

• Effective: Not enacted

• Who it covers: Would be broad — sales-based, closed/open-end, factoring

• Size cap: Proposed thresholds vary by version

• Regulator: Would be NJ Dept. of Banking & Insurance

Type of rules: APR disclosure · Broad coverage

What the bill would do

• Repeatedly introduced since 2019 and carried over between sessions; modeled on the New York and California APR-disclosure approach.

• Would require APR disclosure calculated under Regulation Z methods, plus total-cost and payment-term disclosures.

• Has not passed both chambers as of October 2026.

What to watch

Status changes each session — verify the current bill number and posture before relying on this.

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Last verified October 2026. Compiled and verified by Funder Intel for general industry information. This is not legal advice. Laws change often, so check the statute and a qualified attorney before making compliance decisions.